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Jan 31, 2012
01/12
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what has freddie mac said about just that key question? >> well, freddie mac has said that they're not going to comment on the inner workings of its portfolios. so they referred us, basically, to their regulator, which did issue a statement yesterday that was interesting in some ways, if you want to talk about that. >> tom: yeah, we'll quick. give us the idea. this is the federal housing administration regulator of fannie mae and freddie mac, both in conservatorship. did it defend the portfolio trades? >> one thing as a reporter you look for, nothing in the statement said that we had gotten any facts wrong. you also look-- did we get the story right? >> tom: did not quibble with the analysis. >> did not quibble with any of the facts in the story. i believe they were trying to say, look, we have a huge portfolio, hundreds of billions of dollars. these trades were only several billion dollars. but we're talking about $3.5 billion worth of trades tied to $20 billion worth of mortgages that involved tens of thousands of real homes and real hom
what has freddie mac said about just that key question? >> well, freddie mac has said that they're not going to comment on the inner workings of its portfolios. so they referred us, basically, to their regulator, which did issue a statement yesterday that was interesting in some ways, if you want to talk about that. >> tom: yeah, we'll quick. give us the idea. this is the federal housing administration regulator of fannie mae and freddie mac, both in conservatorship. did it defend...
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Jan 24, 2012
01/12
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that refers to freddie mac. stable? housing prices are down 24% from their peak and the facts are, no matter what you believe about freddie's contribution to helping people buy homes in this country, the fact is that america's home ownership rate today is about 66%, almost identical to canada's 68% and canada has no taxpayer subsidized institution like freddie. and more r outrage. freddie still owes 56 milli$56 billion to taxpayers. that's part of the $71 billion bailout they were handed during the crisis. that is more money than any bank in this country ever got. so just how much will gingrich's ties to freddie mac hurt him in florida? in florida, 44% of homeowners at this moment with under water on their mortgages. the average home in florida worth half what it was when newt gingrich worked for freddie mac. douglas is a former economic adviser to the 2008 mccain campaign. john avalon is a cnn contributor. what do you make of that? he's putting out one year to say yes, i know, sounds like lobbyist. is that going to be
that refers to freddie mac. stable? housing prices are down 24% from their peak and the facts are, no matter what you believe about freddie's contribution to helping people buy homes in this country, the fact is that america's home ownership rate today is about 66%, almost identical to canada's 68% and canada has no taxpayer subsidized institution like freddie. and more r outrage. freddie still owes 56 milli$56 billion to taxpayers. that's part of the $71 billion bailout they were handed during...
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Jan 24, 2012
01/12
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he was under contract with freddie mac for roughly six years. mr. gingrich has done himself nol favors in responding to that criticism when his first instinct was to say he wasn't paid for lobbying or consulting, more paid as a historian. >> your firm was paid $300,000 by freddie mac in 2006. what did do you for the money? >> i offered advice. my advice as a historian when they walked in and said we are making loans to people with no credit history. >> historians at that point crying out how much hundreds of thousands? how do i get a gig like that? the his storian line also led to this attack ad in florida by mitt romney against mr. gingrich. >> while florida families lost everything in the housing crisis, newt gingrich cashed in. gingrich was paid over $1.6 million by the agency that helped create the crisis. >> i offered advice, my advice as a historian. >> a historian? really? >> the micro context of this release tonight is that mr. gingrich seems to be attempting to nip this criticism in the bud by having his former consulting company release th
he was under contract with freddie mac for roughly six years. mr. gingrich has done himself nol favors in responding to that criticism when his first instinct was to say he wasn't paid for lobbying or consulting, more paid as a historian. >> your firm was paid $300,000 by freddie mac in 2006. what did do you for the money? >> i offered advice. my advice as a historian when they walked in and said we are making loans to people with no credit history. >> historians at that point...
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Jan 24, 2012
01/12
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he was under contract with freddie mac for roughly six years. mr. gingrich has done himself nol favors in responding to that criticism when his first instinct was to say he wasn't paid for lobbying or consulting, more paid as a historian. >> your firm was paid $300,000 by freddie mac in 2006. what did do you for the money? >> i offered advice. my advice as a historian when they walked in and said we are making loans to people with no credit history. >> historians at that point crying out how much hundreds of thousands? how do i get a gig like that? the his storian line also led to this attack ad in florida by mitt romney against mr. gingrich. >> while florida families lost everything in the housing crisis, newt gingrich cashed in. gingrich was paid over $1.6 million by the agency that helped create the crisis. >> i offered advice, my advice as a historian. >> a historian? really? >> the micro context of this release tonight is that mr. gingrich seems to be attempting to nip this criticism in the bud by having his former consulting company release th
he was under contract with freddie mac for roughly six years. mr. gingrich has done himself nol favors in responding to that criticism when his first instinct was to say he wasn't paid for lobbying or consulting, more paid as a historian. >> your firm was paid $300,000 by freddie mac in 2006. what did do you for the money? >> i offered advice. my advice as a historian when they walked in and said we are making loans to people with no credit history. >> historians at that point...
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Jan 28, 2012
01/12
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what he was doing was clearly promoting fannie mae and freddie mac in this case, freddie mac, to the tune of $1.6 million. that is one of the reasons we're in the trouble we're in. >> first of all, notice that the governor wasn't aware of the ad he was running. he's not aware of the investments made in his name. >> of course i -- a blind trust. >> and my investments with his, comparing a tuinei mouse with a giant elephant. the fact is -- that there is a very substantial question. you didn't give instructions to say, gee, let's not do this or let's not do that. you're very quick to draw the widest possible exaggeration. the fact is the only time i ever spoke to the congress about this issue was in july of 2008, the "new york times" reported it. i told the republicans in the house, vote no. do not give them any money. they need to be reformed and answering it's question earlier i would break each of them up into five or six separate units and over a five-year period wean from them all federal sponsorship because we need to get away from those gigantic systems. >> a follow-up question t
what he was doing was clearly promoting fannie mae and freddie mac in this case, freddie mac, to the tune of $1.6 million. that is one of the reasons we're in the trouble we're in. >> first of all, notice that the governor wasn't aware of the ad he was running. he's not aware of the investments made in his name. >> of course i -- a blind trust. >> and my investments with his, comparing a tuinei mouse with a giant elephant. the fact is -- that there is a very substantial...
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Jan 24, 2012
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mac and return the funds he made from freddie mac. i wouldn't have normally suggested that other than he was the one that said if you made money on this failed model you ought to return that money. >> within hours of that, the gingrich people released the 2006 contract. you'll recall he's struggled in the past to explain the work he did for freddie mac and reconcile what appears to be beltway insider buck raking with his anti-beltway establishment campaign. is the what he said in november. >> i have never done any lobbying. every contract was written during the period i was out of the office and specifically said i would do know lobbying and offered advice as historian when they said we are now making loans to people with no credit history and have no record of paying back anything, that's what the government wants to do. i said to them at the time, this is a bubble, this is insane, this is impossible. tonight, one year of the contract is out. ur political anl list gloria borge has the late details on it. the contract doesn't really t
mac and return the funds he made from freddie mac. i wouldn't have normally suggested that other than he was the one that said if you made money on this failed model you ought to return that money. >> within hours of that, the gingrich people released the 2006 contract. you'll recall he's struggled in the past to explain the work he did for freddie mac and reconcile what appears to be beltway insider buck raking with his anti-beltway establishment campaign. is the what he said in...
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Jan 24, 2012
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. >>> newt gingrich has released the contract he entered into with freddie mac. he'll be joining us in just a moment to tell us exactly what has been released tonight and whether or not the story come ports with newt gingrich's previous explanations of exactly how he earned that money from freddie mac. conservatives have developed a critique of what happened during the financial meltdown during the bush presidency, plays down the importance of wall street and plays up the importance of freddie mac and fannie mae and other things promoting home ownership. so it's made public that he took consulting fees while working for a home mortgage agency. mr. gingrich has done himself no favors in responding to that criticism when his first instinct was to say he wasn't paid for lobbying or consulting, he was more paid pas a historia. >> your firm was paid $300,000 in 2006 by freddie mac. what did you do with that money? >> my life as a historian was when he came up and said. >> how many hundreds of thousands? how do i get a gig like that. the historian line also led to this
. >>> newt gingrich has released the contract he entered into with freddie mac. he'll be joining us in just a moment to tell us exactly what has been released tonight and whether or not the story come ports with newt gingrich's previous explanations of exactly how he earned that money from freddie mac. conservatives have developed a critique of what happened during the financial meltdown during the bush presidency, plays down the importance of wall street and plays up the importance of...
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Jan 25, 2012
01/12
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any ties to freddie mac could turn off voters. james rosen in d.c. tonight. what about newt gingrich's charges that mitt romney owns stock in fanny and freddie. >> campaign aides are saying romney's investments in fannie and freddie are bonds and not stocks part of a mutual trust placed in a blind trust. between 10 and $30,000 tops. for speaker gingrich to try to equate 1.6 million payout to freddie mac to commonly held mutual funds that many millions of americans owns says romney's spokeswoman andrea saul is laughable. managed on a blind basis so a trustee not the romneys makes the investment decisions. just a few minutes ago, shep, fox news obtained another of the gingrich freddie mac contracts. i believe the year on this one is 1999. it goes into greater specificity than the other one we received as to what gingrich was expected to do and the group was expected to do for freddie mac listing strategic advice consulting on public policy issues again no issue of lobbying. >> shepard: got heated between the two frontrunners as to w
any ties to freddie mac could turn off voters. james rosen in d.c. tonight. what about newt gingrich's charges that mitt romney owns stock in fanny and freddie. >> campaign aides are saying romney's investments in fannie and freddie are bonds and not stocks part of a mutual trust placed in a blind trust. between 10 and $30,000 tops. for speaker gingrich to try to equate 1.6 million payout to freddie mac to commonly held mutual funds that many millions of americans owns says romney's...
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Jan 26, 2012
01/12
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tonight we have details of the contract with freddie mac. listen how he described the role in november. >> i have never done any lobbying. any contract written in the period when i was out of the office specifically said i would do no lobbied and i offer advice and advice as a historian saying to me we're now making loans to people who have no credit history and have no record of paying back anything, but that's what the government wants us to do. i said at the time, this is a bubble. this is insane. this is impossible. >> it's a consulting firm paid $25,000 a month for years by freddie mac. romney ridiculed the price for advice. the gingrich campaign released the 2006 portion of the contract with freddie and notably vague about the services. last night we got the 1999 contract which goes in to much more detail. on page 14, it described a wide range of services to provide. the two that stand out are, quote, to serve as adviser to freddie mac in the areas of strategic planning and public poli policy, also to engage in discussions with mitchel
tonight we have details of the contract with freddie mac. listen how he described the role in november. >> i have never done any lobbying. any contract written in the period when i was out of the office specifically said i would do no lobbied and i offer advice and advice as a historian saying to me we're now making loans to people who have no credit history and have no record of paying back anything, but that's what the government wants us to do. i said at the time, this is a bubble....
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when we continues tonight, mortgage giant freddie mac accused of making multi-billion dollar bet and bee boo training american homeowner. >> bay area drug manufacturer tries to win atravel for a pill to prevent hiv but could have unintended consequences. >> also tonight. house that was destroyed by fire and now can't be rebuilt because of a was destroyed by fire and now can't be rebuilt because of a flood >> now we know whether ferries really is coming back. another >> now we know whether ferries really is coming back. another half hour of news continu eople chatting] >> now we know whether ferries really is coming back. another half hour of news continu everyone, it's $37 a piece. paying with your smart phone instead of cash. that's a step forward. with chase person-to-person quickpay, you can send money directly to your friend's checking account. all you need is their email address or mobile number. don't worry honey, i'll show you. thanks everyone. so take a step forward... and chase what matters. >> good evening thanks for joining us. we begin with another revelation tonight caus
when we continues tonight, mortgage giant freddie mac accused of making multi-billion dollar bet and bee boo training american homeowner. >> bay area drug manufacturer tries to win atravel for a pill to prevent hiv but could have unintended consequences. >> also tonight. house that was destroyed by fire and now can't be rebuilt because of a was destroyed by fire and now can't be rebuilt because of a flood >> now we know whether ferries really is coming back. another >>...
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Jan 26, 2012
01/12
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senior fers of freddie mac relative to strategize on approaches to freddie mac business opportunities and challenges. mitchell was fred i pack's senior vice president for government releases. in other words, their chief lobbyist. according to open secrets database, he was indeed a registered lobbyist for freddie mac. so speaker gingrich's contract specifies activities that are right at the intersection of freddie mac issues and public policy. he's being specifically hired to work with freddie's head lobbyist. whoever drew up the contract seemed to realize it's lobbying but everything but names. on page 14, there's this, nothing herein is or shall be con trued as an agreement to provide lobbying services of any kind or engage in lobbying activities. kevin madden is a former romney spokesman and a romney supporter. also a senior advicer to the gingrich campaign. kevin, could it be a mistake for the romney campaign to push this attack when their own campaign might get caught in the cross fire? >> it's an important part of the contrast you try and place before voters in florida. right now
senior fers of freddie mac relative to strategize on approaches to freddie mac business opportunities and challenges. mitchell was fred i pack's senior vice president for government releases. in other words, their chief lobbyist. according to open secrets database, he was indeed a registered lobbyist for freddie mac. so speaker gingrich's contract specifies activities that are right at the intersection of freddie mac issues and public policy. he's being specifically hired to work with freddie's...
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Jan 24, 2012
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he's getting paid by freddie mac. they gave him a lot of rhetoric about being paid by freddie, but in 2012, a deal will happen that freddie won't want. >> this was in 2006, a year of mid-terms just before the democrats. >> i thought they only paid him for that brief period. >> the commercial that romney took out right now is saying it it paid him $1.7 million. if you go 25 grand a month, my math is telling me it's a little over six years, isn't it? >> that couldn't work. i think the contract was before that. i'm pretty sure from what i've read, the contract was during the period of republican control. gingrich is forced out of the house by his unsuccessful speaker -- >> is this a problem for gingrich, in your opinion? >> it would be by any normal standard and it will be, i think, in november. but again, gingrich has got behind him people that are so angry that all they want is that you be angry. in some ways the more outrageous the conduct the better they feel because that shows that your anger is what counts, and i b
he's getting paid by freddie mac. they gave him a lot of rhetoric about being paid by freddie, but in 2012, a deal will happen that freddie won't want. >> this was in 2006, a year of mid-terms just before the democrats. >> i thought they only paid him for that brief period. >> the commercial that romney took out right now is saying it it paid him $1.7 million. if you go 25 grand a month, my math is telling me it's a little over six years, isn't it? >> that couldn't work....
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Jan 28, 2012
01/12
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according to the associated press, he did have investments in fannie mae and freddie mac. they were not blind trusts. >> chris, this is the big issue. it's kind of puzzling. he's had many years to think about this. mitt romney and his campaign can't figure out how he should talk about his own wealth, whether it's his taxes. he should just get up there and say, listen, i've done well. i have a gazillion dollars. i don't even know how many. i have people who manage these funds for me. i don't know what goes on. if you tell me there's freddie mac money in there, i'm going to tell them to get rid of it. i don't want it anymore. that's how he should handle this. every time we get to this issue, he somehow muffs it. it's somehow perplexing. >> thank you, david. thank you, susan. >>> up next, newt gingrich picks up the endorsement of duke cunningham, who's doing time for bribery. i guess you get endorsements where you can get them. you're watching "hardball" only on msnbc. >>> back to "hardball." now to the side show. first up, talk about extra baggage. newt gingrich has clinched
according to the associated press, he did have investments in fannie mae and freddie mac. they were not blind trusts. >> chris, this is the big issue. it's kind of puzzling. he's had many years to think about this. mitt romney and his campaign can't figure out how he should talk about his own wealth, whether it's his taxes. he should just get up there and say, listen, i've done well. i have a gazillion dollars. i don't even know how many. i have people who manage these funds for me. i...
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Jan 26, 2012
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for freddie mac priority issues. also to engage in discussions with plichal delk and other senior officers of freddie mac relative to strategize on approaches to freddie mac business opportunities and challenges. that was the senior environment of government relations, their chief lobbyist. according to open secret database, he was indeed a lobbyist for freddie mac. speaker gingrich's contract specify issues of public policy and he was specifically hired to work with freddie's head lobbyist. they could get the impression that lobbying in everything but name, but there is this. quote, nothing herein is or shall be construed as an agreement to provide lobbying services of any kind or engage in lobbying activity. kevin is a form er spokesman. kevin, could it be a mistake for the romney campaign to push this freddie mac attack when their own campaign might get caught in the cross fire? >> it's an important part of the contrast you're going to try to place before voters in florida. right now, i think voters are going to h
for freddie mac priority issues. also to engage in discussions with plichal delk and other senior officers of freddie mac relative to strategize on approaches to freddie mac business opportunities and challenges. that was the senior environment of government relations, their chief lobbyist. according to open secret database, he was indeed a lobbyist for freddie mac. speaker gingrich's contract specify issues of public policy and he was specifically hired to work with freddie's head lobbyist....
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Jan 27, 2012
01/12
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mac. >> well, i think you know that fannie mae and freddie mac were a big part of why we have the housing crisis in the nation that we have. we've had this discussion before. speaker gingrich was hired by freddie mac to promote them, to influence other people throughout washington, encouraging them to -- not to dismantle these two entities. i think that was an enormous mistake. we should have had a whistle-blower and not a horn tooter. he should have stood up, saying this is a disaster, a crisis. he should have been telling the american people that these entities were creating a housing bubble that would have caused a collapse. >> he's been attacking me inaccurately and he knows it. the contract released from freddie mac said i would do no lobbying, none. we began digging in because i had enough of this. we discovered to our shock, governor romney made $1 million off of selling some of the freddie mac and fannie mae stocks. he has an investment in goldman sachs which is today foreclosing on floridaens. maybe his fear of openness should tell us how much money he's made off of households th
mac. >> well, i think you know that fannie mae and freddie mac were a big part of why we have the housing crisis in the nation that we have. we've had this discussion before. speaker gingrich was hired by freddie mac to promote them, to influence other people throughout washington, encouraging them to -- not to dismantle these two entities. i think that was an enormous mistake. we should have had a whistle-blower and not a horn tooter. he should have stood up, saying this is a disaster, a...
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Jan 24, 2012
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gingrich's enterprises had with freddie mac. it's been posted on a web page for the center for health transformation and that's one of mr. gingrich's former entities, it was a 2006 contract and there have been others, but this is one, this is the company that mr. gingrich separated himself when he formally declared his presidential campaign in may of last year and the documents posted now on the web just hours before the next dehe bait. >> and this is just breaking now, gingrich said along the way that he was acting in his roll as a historian and many in his own party, well, frankly kind of laughed at that. >> well, mitt romney has said that newt gingrich is clearly a lobbyist and if it looks like a duck, talks like a duck, it probably is, because mr. gingrich was talking to a client and member of congress and romney campaign asserted that's no way that's not lobbying. and the debate credited to picking up a former bachmann staffer something of a debate prep expert and a lot of the former campaign are now seeing their staffers t
gingrich's enterprises had with freddie mac. it's been posted on a web page for the center for health transformation and that's one of mr. gingrich's former entities, it was a 2006 contract and there have been others, but this is one, this is the company that mr. gingrich separated himself when he formally declared his presidential campaign in may of last year and the documents posted now on the web just hours before the next dehe bait. >> and this is just breaking now, gingrich said...
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Jan 24, 2012
01/12
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he was paid a total of 1.6 million dollars for his eight years of work at freddie mac. >>> tonight, the political spotlight shifts to president obama as he lays out his vision for the nation in his third state of the union address. tracy potts joins us from washington with a preview of tonight's speech. good morning. >> good morning. >> reporter: the argument for president obama second term and he previewed over the weekend in his weekly address some of what he'll talk about standing up for middle class families, rewarding hard work, and he is expected to chide congress for its inaction. the president reviewing his jobs plan and also national security, the end of the iraq war, the killing of osama bin laden, the arab spring, plus, we are told, new proposals for housing, manufacturing, and college and, yes, he will, again, call on the wealthy to pay more taxes. among those in attendance, look for congresswoman gabrielle giffords is expected to attend tonight after announcing over the weekend she is stepping down from congress. her last event yesterday in tucson finishing that meet and gr
he was paid a total of 1.6 million dollars for his eight years of work at freddie mac. >>> tonight, the political spotlight shifts to president obama as he lays out his vision for the nation in his third state of the union address. tracy potts joins us from washington with a preview of tonight's speech. good morning. >> good morning. >> reporter: the argument for president obama second term and he previewed over the weekend in his weekly address some of what he'll talk...
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Jan 25, 2012
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what did he do for freddie mac? >> well, according to people who work there now and people who worked there at the time that the speaker was under contract, his job there was to help develop a message that they could, freddie mac, could then take to capitol hill that would be persuasive to conservative republicans who really wanted to crack down on freddie mac and fannie mae and impose... i'm sorry i said that wrong. and impose greater regulations upon them. they also look to him to help identify republicans on capitol hill who might be open to that kind of argument. >> woodruff: how is that different from being a lobbyist? we've heard mitt romney accuse gingrich of being a lobbyist. he said whether you call yourself that or not. what's difference? >> the definition of a lobbyist is actually quite narrow. keep in mind it was written by members of congress who hope some day to leave the hill and get a great job on k-street making a lot of money. they wrote this definition. it requires that a person have a paid client
what did he do for freddie mac? >> well, according to people who work there now and people who worked there at the time that the speaker was under contract, his job there was to help develop a message that they could, freddie mac, could then take to capitol hill that would be persuasive to conservative republicans who really wanted to crack down on freddie mac and fannie mae and impose... i'm sorry i said that wrong. and impose greater regulations upon them. they also look to him to help...
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Jan 27, 2012
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many blame freddie mac. >> speaker gingrich was hired by freddie mac to promote them. i think instead we should have had a whistle-blower and not a horn tooter. >> frankly i've had about enough of this. we discovered to our shock governor romney owns shares of both fannie mae and freddie mac. >> you also have investments from mutual funds that also invested in fannie mae and freddie mac. >> all right. >> they thought about spending on states and going to the moon. >> i do not want to be the country having gotten to the moon first, turned around and said it doesn't really matter, let the chinese dominate space. >> that's what got us into the trouble we are in now. we have got to say no to this kind of spending. >> reporter: ron paul and rick santorum piled on. >> we he have got to be responsible in the way we allocate our resources. >> well, i don't think we should go to the moon. i think we maybe should send some politicians up there. >> reporter: gingrich cried uncle. >> i will be glad to have a truce here. >> reporter: no deal with four days to go. i'm steve handelsm
many blame freddie mac. >> speaker gingrich was hired by freddie mac to promote them. i think instead we should have had a whistle-blower and not a horn tooter. >> frankly i've had about enough of this. we discovered to our shock governor romney owns shares of both fannie mae and freddie mac. >> you also have investments from mutual funds that also invested in fannie mae and freddie mac. >> all right. >> they thought about spending on states and going to the moon....
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Jan 23, 2012
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he was a consultant to freddie mac, about 1.6, $1.7 million. what are the big questions as we await this? this is part of a transparent sit dual between gingrich and romney. >> sure it is. you release yours, i'll release mine. the big difference, first of all, mitt romney says he was a lobbyist for freddie mac. and newt gingrich says no, i was a consultant. there is a difference because lobbying is when you go to capitol hill and tap a senator on the shoulder and say vote this way because i'm representing a certain company or whatever. consulting is different. but the question that the romney campaign wants answered, and i think the large question out there is if you're on the payroll of someplace as a consultant, then normally one would assume you are giving them strategic advice to help them, not to hurt them. so what the romney campaign would like to see is what kind of advice actually did newt gingrich give. now, we've heard him say that he alternately served as an historian or that he told them what they were doing was crazy. but they want
he was a consultant to freddie mac, about 1.6, $1.7 million. what are the big questions as we await this? this is part of a transparent sit dual between gingrich and romney. >> sure it is. you release yours, i'll release mine. the big difference, first of all, mitt romney says he was a lobbyist for freddie mac. and newt gingrich says no, i was a consultant. there is a difference because lobbying is when you go to capitol hill and tap a senator on the shoulder and say vote this way because...
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Jan 24, 2012
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lobbyists at freddie mac. i don't think we can possibly retake the white house if the person who's leading our party is the person who was working for the chief lobbyist of freddie mac. freddie mac was paying speaker gingrich $600,000 at the same time freddie mac was costing the people of florida millions upon millions of dollars. >> now, wait a second. he just went on and on and on, making a whole series of aelss. first of all, he may have been a good financier, he's a terrible historian. the fact is, the vote object ethics committee was in january of 1997. i asked the republicans to vote yes, because we had to get it behind us. the democrats had filed 84 ethics charges for a simple reason. we had taken control of the house after 40 years and they were very bitter. and the fact is, on every single ethics charge with substance that was dismissed in the end, the only thing we did wrong, we had one lawyer written by letters -- i mean, written one letter, and the one letter was in error. i didn't pay a fine. i pa
lobbyists at freddie mac. i don't think we can possibly retake the white house if the person who's leading our party is the person who was working for the chief lobbyist of freddie mac. freddie mac was paying speaker gingrich $600,000 at the same time freddie mac was costing the people of florida millions upon millions of dollars. >> now, wait a second. he just went on and on and on, making a whole series of aelss. first of all, he may have been a good financier, he's a terrible...
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Jan 27, 2012
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if you're telling me there's freddie mac money, i will tell them to get rid of it. that's how he should handle this. but every time we get to this issue, he muffs it. it's kind of perplexing. >> last word, susan. why can't he talk about his money? >> because he's setting himself up to be the poster child for the 1% in a general election. that's why. >> he's doing a good job. thank you. up next, newt gingrich pix up the jailhouse endorsement of duke cunningham. i guess you get endorsements where you can get them. you're watching "hardball" on msnbc. hey, aren't you supposed to be following that fidelity green line? well, yeah, but it keeps leading me back to my old office. i think it might be broken. or maybe it's trying to tell you something. yeah, but what could it be try-- oh, i left my 401(k) at my old job. and i left a jacket on the back of my door. but i think the line's talking about my 401(k). leave a 401(k) behind? roll it over with a company that's helping more people reach retirement than anyone else. call or come in for a free portfolio review today. when
if you're telling me there's freddie mac money, i will tell them to get rid of it. that's how he should handle this. but every time we get to this issue, he muffs it. it's kind of perplexing. >> last word, susan. why can't he talk about his money? >> because he's setting himself up to be the poster child for the 1% in a general election. that's why. >> he's doing a good job. thank you. up next, newt gingrich pix up the jailhouse endorsement of duke cunningham. i guess you get...